Jamie Dimon jokes that JPMorgan will outlast the Chinese Communist Party
CNN
JPMorgan has made significant inroads in China over the last couple of years. Now the bank's top boss is cracking jokes about whether his firm can outlast the country's powerful political machine.
Speaking at an event in Boston on Tuesday, JPMorgan (JPM) CEO Jamie Dimon said he "made a joke" during a recent trip to Hong Kong, referencing the ruling Chinese Communist Party's 100th anniversary.
"The Communist Party is celebrating its 100th year. So is JPMorgan," he said, referring to the bank's recent celebration of a century of operation in China. "And I'll make a bet we last longer."
Elected officials, Jewish advocacy groups and civil rights leaders are vowing to “push back” against the message of a White nationalist group that staged a march last week near downtown Columbus, Ohio, calling the demonstration an act of hate unwelcome in their community – and the United States more broadly.
Senate Democrats have confirmed some of President Joe Biden’s picks for the federal bench this week in the face of President-elect Donald Trump’s calls for a total GOP blockade of judicial nominations – in part because several Republicans involved with the Trump transition process have been missing votes.